An elderly relative offers to sell you their used 1958 Cadillac Eldorado for $54,000 You note that very similar cars are selling on the open market for $87,000. You don't care for classic cars and would rather buy a new Ford Explorer for $31,000. What is the net value of buying the Cadillac?

$33,000

Explanation:

Calculation for net value of buying the Cadillac

Using this formula

Net value =Purchase-Resale price of the Cadillac

Let plug in the formula

Net value =$87,000-$54,000

Net value =$33,000

Therefore the net value of buying the Cadillac will be $33,000

88 because 4 plus 4 equals 8. 40 plus 40 equals 80. 80 plus 8 equals 88

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